Jpmorgan California Financials
| JCBAX Fund | USD 10.19 0.02 0.20% |
Jpmorgan |
Please note that past performance is not an indicator of the future performance of Jpmorgan California, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Jpmorgan California Fund Summary
Jpmorgan California competes with Vanguard California, and Vanguard California. The fund normally invests at least 80 percent of the value of its assets in municipal securities, the income from which is exempt from federal and state personal income taxes for California residents and not subject to the federal alternative minimum tax on individuals. Assets means net assets, plus the amount of borrowings for investment purposes. It may invest in debt securities issued by governmental entities, certain issuers identified with the U.S. government and private issuers.Specialization | Muni California Intermediate, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US4812A08541 |
| Business Address | JPMorgan Trust I |
| Mutual Fund Family | JPMorgan |
| Mutual Fund Category | Muni California Intermediate |
| Benchmark | NYSE Composite |
| Phone | 800 480 4111 |
| Currency | USD - US Dollar |
You should never invest in Jpmorgan California Tax without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of Jpmorgan Mutual Fund, because this is throwing your money away. Analyzing the key information contained in Jpmorgan California's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
Jpmorgan California Key Financial Ratios
Generally speaking, Jpmorgan California's financial ratios allow both analysts and investors to convert raw data from Jpmorgan California's financial statements into concise, actionable information that can be used to evaluate the performance of Jpmorgan California over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Jpmorgan California Tax reports annually and quarterly.Jpmorgan Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Jpmorgan California's current stock value. Our valuation model uses many indicators to compare Jpmorgan California value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Jpmorgan California competition to find correlations between indicators driving Jpmorgan California's intrinsic value. More Info.Jpmorgan California Tax is rated third overall fund in annual yield among similar funds. It is rated third overall fund in year to date return among similar funds creating about 19.32 of Year To Date Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value Jpmorgan California by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Jpmorgan California's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Jpmorgan California's earnings, one of the primary drivers of an investment's value.Jpmorgan California Tax Systematic Risk
Jpmorgan California's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Jpmorgan California volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fifteen with a total number of output elements of fourty-six. The Beta measures systematic risk based on how returns on Jpmorgan California Tax correlated with the market. If Beta is less than 0 Jpmorgan California generally moves in the opposite direction as compared to the market. If Jpmorgan California Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Jpmorgan California Tax is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Jpmorgan California is generally in the same direction as the market. If Beta > 1 Jpmorgan California moves generally in the same direction as, but more than the movement of the benchmark.
Jpmorgan California May 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Jpmorgan California help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Jpmorgan California Tax. We use our internally-developed statistical techniques to arrive at the intrinsic value of Jpmorgan California Tax based on widely used predictive technical indicators. In general, we focus on analyzing Jpmorgan Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Jpmorgan California's daily price indicators and compare them against related drivers.
| Information Ratio | (0.50) | |||
| Maximum Drawdown | 0.6798 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 0.1953 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jpmorgan California Tax. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Jpmorgan California Tax information on this page should be used as a complementary analysis to other Jpmorgan California's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.